The current crypto world is not an incremental market, but a stock market.

The obvious feeling is that there are fewer and fewer people in the crypto world. Is it because the market is not doing well, and the crypto world is finished?
Actually, it's not that; it's just that the coin prices aren't rising. If most alts were to multiply several times or even a dozen times, creating a beneficial effect, then people from outside the circle would flock in.
Because ordinary people have little ability to think, the more the price rises, the more they buy, even if it rises to the sky, the dumb buying can only increase. If the price doesn't rise, everyone feels hopeless, and instead, there are fewer people.
The right approach is, the colder the market, the more you should buy. The hotter the market, the more you should walk away! Most people do the opposite, so only a few make money!